Ricky Mulvey: How can someone mitigate the impact of a single year, a bad single year having such a big impact on their retirement? He says by far the most important year is that first year retirement. And it's bad years early in retirement where there's not necessarily a quick recovery. Mulvey: A few different strategies to manage that sort of sequence of returns risk.
Amazon can expect $13 billion in Prime Day sales, but what does that mean for a $1.3 trillion company?
(00:21) Ricky Mulvey and Jason Moser discuss: - The services that Amazon wants shoppers to notice. - If Prime Day is an economic bellwether. - Bank of America’s fine from the Consumer Financial Protection Bureau.
Plus, (13:31) Robert Brokamp interviews Wade Pfau, author of the recently updated “Retirement Planning Guidebook”, on how to find a retirement spending style.
Companies discussed: AMZN, BAC
Pullback stocks report: https://www.fool.com/pullback
Host: Ricky Mulvey Guests: Jason Moser, Robert Brokamp, Wade Pfau Engineers: Dan Boyd, Rick Engdahl
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